Bamboo Finance, a private equity group that specializes in microfinance and social entrepreneurship financing, announced today that it has acquired a controlling interest in Accion Investments in Microfinance, SPC, a private, for-profit equity fund that has provided capital to microfinance institutions (MFIs) since 2003, in a $105 million deal.

Youth Social Innovation Capital Fund is a Canadian social finance intermediary that connects young social entrepreneurs with impact investors. To learn more about their initiatives and ideas, we spoke with their co-founder and managing director.

It’s a wrap. The 14th annual Social Enterprise Awards by Social Enterprise UK gathered over 300 business leaders and entrepreneurs at London’s Marylebone last night. At the ceremony, social entrepreneurs were recognized and given awards for their work.

With a “jugaad” mindset embedded in the culture, India has no shortage of social innovators cooking up solutions to the world’s ills. As a matter of fact, the Greenway Grameen Infra (GGI) team from India has just been announced as the winners of the 2012 Intel Global Challenge at UC Berkeley, receiving $50,000 from the Intel Foundation on their invention of a biomass-based stove that increases fuel efficiency.

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